ADVOKAT GUNN-MARI KJØLBERG AS: årsregnskap 2018 vs 2017
Mixed movements in the accounts
approved 2019-04-10; registry 2019-04-16; journal 2019 288579
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT GUNN-MARI KJØLBERG AS. Revenue 1.71m NOK → 1.69m NOK (-1.0%). Equity 87.4k NOK → 33.3k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKAT GUNN-MARI KJØLBERG AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.71m NOK to 1.69m NOK (-1.0% YoY). Calculated
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↓
Operating result weakened
Operating result +223.0k NOK → +123.1k NOK (op. margin 13.1% → 7.3%). Calculated
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↓
Equity eroded
Book equity 87.4k NOK → 33.3k NOK (equity ratio 16.5% → 6.8%). Calculated
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↓
Cash fell
Bank deposits 352.2k NOK → 247.7k NOK (-29.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.04m NOK → 3.10m NOK (61% → 183% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 66.8k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation